Funding you earn now, next payment 22:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.066%
Price spread now: GMX against Kraken Futures−0.039%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.039%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_HBARUSD | 0.09191 | 0.0384 | pay 0.0048% / 1h | 9m 10s | $1.4M | $2.3M | 50x |
| Short | GMX HBAR/USD [WBTC.b-USDC] | 0.09187 | L +0.0445% / S −0.0478% | get 0.0060% / 1h | 9m 10s | $103K | — | 100x |
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.81
- Price spread: −0.039% → −0.038%
- −$0.1
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$2.3
- Costs to cover
- 0.220%
- Break-even
- 7.8 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 4 min ago | 5.42 bp | 13.3 bp −$13 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HBAR on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HBAR_USDT | −0.0033% | 8h | 0.09178 | −0.139% | $2.4M | $3.6M | 75x | as long as short |
| KuCoin HBARUSDTM | −0.0022% | 8h | 0.09181 | −0.107% | $7.3M | $7.9M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09189 | −0.020% | $506K | $151K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09187 | −0.041% | $8K | — | 150x | as long as short |
| Variational Omni HBAR | +0.0047% | 8h | 0.09209 | +0.201% | $1.0M | $197K | — | as long as short |
| MEXC HBAR_USDT | +0.0068% | 8h | 0.09181 | −0.107% | $24.0M | $22.9M | 200x | as long as short |
| Binance HBARUSDT | +0.0069% | 8h | 0.09180 | −0.120% | $34.5M | $110.7M | 75x | as long as short |
| Backpack HBAR_USDC_PERP | +0.0071% | 1h | 0.09183 | −0.085% | $31K | $103K | 15x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09179 | −0.127% | $49K | $220K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09211 | +0.220% | $227K | $2.2M | 50x | as long as short |
Gate HBAR_USDT
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Backpack HBAR_USDC_PERP
Extended HBAR-USD
Coinbase International HBAR-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09182 | −0.096% | $2K | $18K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09181 | −0.107% | $563K | $590K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09195 | +0.042% | $8.8M | $2.9M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09181 | −0.107% | $209K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09181 | −0.107% | $32.8M | $36.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09180 | −0.118% | $6.8M | $24.6M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09183 | −0.085% | $16.9M | $14.8M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09182 | −0.096% | — | $5.9M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09210 | +0.210% | $375K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09211 | +0.220% | $147K | $710K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09180 | −0.118% | $426 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09206 | +0.165% | $72K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09182 | −0.096% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0189% | 8h | 0.09179 | −0.129% | $1.5M | $5.5M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09234 | +0.470% | $2K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSDlong | +0.0384% | 1h | 0.09191 | long leg | $1.4M | $2.3M | 50x | |
| GMX HBAR/USD [WBTC.b-USDC]short | L +0.0445% / S −0.0478% | 1h | 0.09187 | −0.039% | $103K | — | 100x | |
| dYdX HBAR-USD | +0.3853% | 1h | 0.09195 | +0.047% | $30K | $4K | 5x | as long as short |
Orderly PERP_HBAR_USDC
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
dYdX HBAR-USD